• same as prev forecast in Feb

Plenty more stats to follow

Also sees:

  • exports up 4.1% in 2014 as Feb forecast
  • imports up 4.7% in 2014 down from 5.0% in Feb
  • domestic demand up 1.9% in 2014 vs 2% in Feb but up 2.1% in 2015
  • private consumption up 1.5% in 2014 vs 1.4% in Feb and up 1.7% in 2015
  • equipment investment up 4.0% in 2014 as Feb and up 6.3% in 2015
  • construction investment up 4.0% in 2014 vs +3.2% in Feb and up 3.7% in 2015

German economic minister Gabriel says the economy is experiencing solid upturn and has two good years ahead

An upbeat assessment totally unfazing the euro. EURUSD 1.3800 EURGBP 0.8253 EURJPY 140.56